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20130103
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can say we've done some good for the country. >> reporter: if the bill eventually becomes law the bush era tax cuts will be permanently extended for everyone making less than $400,000 a year. and families making less than $450,000 a year. it will also keep the alternative minimum tax for the wealthy from hitting millions of middle class families. >> middle-class families will wake up today to the assurance that their taxes won't go up $2,200 each. >> reporter: the senate agreement delays $110 billion in spending cuts that were due to kick in today for another two months. but because the bill doesn't address spending, getting it passed in the house could be much tougher. >> the fact that the president won challenges on spending cuts is disgusting. the fact we're not where we are on taxes is disgusting. >> reporter: president obama said he wanted a grand bargain that dealt with taxes and spending cuts at the same time. >> but with this congress that was obviously a little too much to hope for at this time. >> reporter: house speaker john boehner has not yet publicly endorsed the deal. an
into a frenzy over what another four years under the obama administration may hold for gun laws. chuck is an instructor at nova firearms in falls church, virginia, where they nearly sold out of ar-15's and high capacity magazines after newtown. >> so ironically this shooting is inspiring more people to buy this gun, the ar-15 and the high round magazines? >> if i could, i would give senator feinstein and the president salesmen of the year awards. >> reporter: senator feinstein plans to introduce her bill to ban the sale or manufacture of assault weapons on the first day of the new congress in january. that's expected to trigger mother flurry of gun buying. chip reid, cbs news, washington. >>> it's a heavy-hearted christmas in newtown, connecticut. 26 candles were lit on monday night, one for each shooting victim. they burned all christmas day. volunteers alternated in three-hour shifts to make sure the mramz never went out. the candles burned on a sidewalk memorial filled with teddy bears, flowers, and posters. >>> coming up on "the morning news" prayers for peace. pope benedict calls
-18th century. why are you so sure it's a teapot? well, my mother-in-law told me when she was a little girl that they used to use it as a teapot. i'd been chatting to norah and she was wonderful. she was-- i suppose she was then in her '70s and chatty and spontaneous. well, when my mother-in-law gave it to me, she said to me, "look after it now because," she said "it's over 100 years old," she said. "it was very old when i was a little girl." it's more than true. - this is actually a very ancient pot indeed. - oh! battie: it was the first time that i think anybody had ever teased a client over the pricing. battie: you think it might be worth several hundred pounds? i don't know. i don't think so. - you wouldn't have thought so? - no. so even if i told you it was worth £600 or £800, you'd be really shocked, would you? - oh, i would. - right. what would you say if i said it was worth £2,000? - ( people laughing ) - oh, you're kidding aren't you? - battie: well, i am kidding actually. - oh. it's actually worth about
for his signature. he spoke after the house vote. >> under this law 98% of americans and 97% of small businesses will not see their income taxes go up. >> reporter: the approval of the bill by a margin of 257-167 is a political victory for the president that comes one day after the fiscal cliff deadline. it includes an extension of unemployment benefits for about two million americans. >> this is a great victory for the middle classes who taxes will not go up tomorrow. >> mr. speaker, i'd like to be speaking for this bill but i can't. >> reporter: earlier in the night, house republicans left a closed door meeting with a deal still up in the air. many said they wanted spending cuts added to the senate bill that passed early tuesday morning by an overwhelming margin. lawmakers remained here on capitol hill for the second late night in a row which is highly unusual on the new year holiday. the bill raises income taxes for individuals earning $400,000 a year and
Search Results 0 to 4 of about 5 (some duplicates have been removed)

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